Across
- 3. Process where bank reserves create more money supply.
- 7. Money that must be accepted for debt payment.
- 8. Central bank notes, coins, and bank deposits.
- 12. Actual reserves beyond required level.
- 14. Borrowed funds with future repayment.
Down
- 1. Ease with which money can be used for transactions.
- 2. Leakage of bank reserves into cash holdings.
- 4. Money without intrinsic value, declared legal tender.
- 5. Standard measure for quoting prices
- 6. Assets like savings accounts, close to money.
- 9. Notes and coins used as money.
- 10. Direct exchange of goods or services without money.
- 11. Bank holdings of notes, coins, and central bank deposits.
- 13. Item used as money with intrinsic value.
- 15. Money placed in a bank account.